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Polar Voyaga llnly “Picnic”

_. ll (C? — lbANilijfdgllplalggb-mile “will! the northwest noodles‘: '1)“ illalroclomglhlred t6 llilechhallghigs tinrtlicurlvations en- dured by t e rump $202110 an rer Vilhialmur 39¢ izlem no em mendgin-Xigg .heir se gxoe i0 .

Lie Aiitironnseu. 69- “d a vgtdsi ran oi 30 vein-s i" ‘he ngltltlhesa St the edtzc oi hls bunk I d 0cm;

311's flllcCllstlij today an “l” the. wieh 1P " _-» u shin-g the meals ‘nmzifigrledcygm51111819660,“

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. Wei-g grout dnvs Wnh

i v1 - . 1--_l£X- t f: 1H5 ill _. 1l.t tilt: L1H? H

s I ..it"‘..s“tl.iri..;“1f.‘3.£“ii=

dicchiiw? ti“ wvdqilil-sliliilgiig “film”

the whole IQYOEfRJ was abgard the

A’ ‘ ' i, lctl in lo Vi";

. , -

. rm. , . . ,. ‘ '10 discover- lgliifelllrltll rlbw known as

Bwdeh ' For l1 mouths Andt-t senoaiid tl the Beaufort l1l.lllll\' on a 9t meet. took-

ln hlemoriam

[EETUNWlVIZicINNIS T?’ t. The 4mm occurred at the 31m .oritun ‘ Si “E- Qmbec’ °n

31 years of sing come as

recovery "n- he had been re-

_ st Miy. _ »,, _' popular with IIdS a: Orwell and WES 00H- ‘ a most l>1‘01'l1151118 Citizen: ‘ the community W85 $85159"- d b‘ ihc news concerning him. ' Umq he had been doing 1 in u government 1118M :11 until his health

, l service was held in

. Antirtti-‘s United Church. at Ol‘\\".‘ll on Wrduesday, October 11- A vcrv lriiflc- concourse ol ueo. 1 itdcd. Rev. A . Well‘.

' who had received him church as a member a ; u! yours aizo, was in charge oi 'he funeral service and suok- or i\: faithful interest the deco d had always shown in Burdett. of Dun.

the service, the

z, “Beautiful Isle

mi; be remembered lirge circle of

four sisters. Ahearn and and Goldie ivcre many . . The sin. entire com- the bereaved ok place in l palLbear.

Angus "is MacDonald.

.l.

performed _

ml Euzeuc Murray. o crlcbraicd the nuptial

who was given 1n " other Mat. of Charlottetown. ' gowncd in a » moire taffeta made ' iltird lzrdicn. sweet. c. rfl puff sleeves

i ls. bhe carried a hnol‘. on which rest. 1!: tea roses and

white stream-

ol‘ Dorchester. of honor, who Wore rquoi=e taffeta. Her l veil hung from a 2 ilovxcrs. She car.

t-trndcd by his Ctitlrlcs McCarville

mass up.

rendered

iitehead in

ollowliig the mar.

I. wy rho bridal party rorl to ill‘ homo of the bride t“ a wvdtllnz breakfast was ti "it- l‘11ll1."t‘llilit' families of . nnri uronm Also irres- their pastor, Rev. Eugene

I

lnldn niirl Broom left ot u-rddiirz trip through ,‘ it .1: Th." bride chose

l‘ " 1'0. turn they ‘csirle in Graham's‘- Road.

Tlic ill-mum's gilt to the bride

t-llnw gold wrist to the bcst man a scarf. in the groom and in the maid of g silver pearl stud. dcd onrriugs. y

Previous to licr marriage the bride was tendered u miscellane.’ ous shower at her home where she received manv beiiutiful gifts including n stibstantinl sum of money.

A: Yes.

‘f’ an...’ I ' I Questions and p (Tear out this advortisomorii. Puf if in your pocket or piano.

Q: What are Victory Bonds? A: Victory Bonds are the beat buy

any Canadian can make. They ahow that you have loaned money to Canada to help win the war.

They are your country's promise to return your money to you-and, in addition, to a you interest on that money every all year until you get it back. This promise — a promise which

has always been fulfilled — is backed by all the wealth and resources of Canada. When, you buy Victory Bonds, you are not giving your money to Canada. You are lending it to your country at a time of national emergency.

Q: When will Victory Bonds be paid ofll .

A: The money you lend to Canada will

be paid back to you by your country when the Bonds reach their maturity date. This date is shown on each Bond.

Q: Can Victory Bonds be fumed into

cash before maturity?

A: Yes. They can be sold at any time-

or, if the need for cash is only tem- porary, they can always be used as security for a bank loan.

Q: Can Victory Bond: be sold easily! A: Yes. You can sell your Bonds at any

time, without difficulty and without delay.

just take your Bonds to any bank, any investment dealer, stockbroker, or trust company. The current sales value of the Bonds, including interest up to the day of sale, will be paid to you while you wait.

There is always a ready market for Victory Bonds.

Q: Are Victory Bond: good security for

a bank loan?

A: Yes. They are the beat security for a

loan you can ow .

Victory Bonds are acceptable by all banks as security for a loan. When you use your Bonds as security for a bank loan, the interest income on the Bonds still belongs to you. This in- come will pay a large part of the interest charges on the loan.

Q: In what denominations are Victory

Bond: available?

A: Longer tcrm 3% Bonds-the kind

most pcoplc buy-arc available in denominations of $50, $100, $500, $1,000 and larger amounts.

Q: How is the interest paid on Victory

Bonds?

A: Interest is paid every hall-year. The

dates when interest is due are shown on each Bond.

A sheet of interest coupons is attached I0 each Bond. One of these coupons falls due each half-year. The date of maturity of each coupon is shown on its face. On each interest date, you cut oil the coupon which falls due at that time, and take it to a bank. Any branch of any chartered bank in Canada will give you cash for Victory Bond interest coupons. There is no charge to you for this service.

Q: Is Advertising and Publicity needed

lo sell Victory Bonds?

Our experience in this war, as well as our experience in the First World War, has proved the need for advertising and publicity during Victory Loan campaigns.

Some people would buy Bonds if there were no advertising at all. But, to make each Loan a success, it is essential to sell the largest possible amount of Bonds to the largest possible number of people. Some people are reach- ed best through newspapers, others through radio, others through speeches, and so on.

Q: How much does i! cost to run a

Victory Loan Campaign?

A: Costs of all kinds amount to less than

l cent for each $1 of Bonds sold.

Q: Who will accept ordcrs for Victory

Bands during the campaign?

A: Your order for Victory Bonds will be

accepted by the Victory Loan salesman who calls at your home or place of business; by your neighbourhood bank; by any trust or loan company; by your employer; or by your local Victory Loan headquarters.

6e! Ready to 80y Wctoiy 800d:

Q: What i: the Payroll Savings Plan? A: Under this Plan, you place your order

for Bonds with your employer.

You pay for the Bonds by regular sav- ings assignments from your wages over the next five or six months. After you have completed the final payment, your employer delivers the Bonds to you.

What i’: the Monthly Savings Plan?

This Plan is for people who receive income regularly, who do not lind it possible or convenient to use the Pay- roll Savings Plan.

You can arrange to buy Bonds under this Plan either through a Victory Loan salesman, or on direct application lo any bank, trust or loan company. Ufldlfl‘ this Plan, the bank, trust or loan company of your choice buys Bonds for your account. You iiuiltc a down payment equal to 10% of their purchase price. Then you take carc of the alance over the next five months by regular monthly payments to the bank, trust or loan company. The amount payable each month is shown both on the Official Prospectus, and on the form acknowledging your order. Interest begins to acaiue on your Bonds right from the start. Your first interest coupon returns you interest at the rate of 3% on the payments you have made, and takes care of the interest charges on the unpaid balance of the purchase price which you owe u to the time you complete payment or the Bonds.

What Letter?

The Deferred Payment Letter is for people who have an irregular income or who expect a lump sum of money within a few months.

You can arrange to buy Bonds under this Plan, either through a Victory Loan salesman or on direct application to any bank, trust or loan company. The regular application form and a special Letter must be completed for t is type of Bond purchase.

Under this Plan, the bank, trust or loan company of your choice buys Bonds for your account. You make a down payment equal to at least 10% of the purchase price. Then you take care of the balance within six months by one or more payments to the bank, trust or loan company. There is no fixed schedule of payments.

Interest begins to accrue on your Bonds I right from the start. Your first interest coupon returns you interest at the rate of 5% on the payments you have made, and takes care of the interest charges on the unpaid balance of the purchase price which you owe u to the time you complete payment or the Bonds.

is the Deferred Payment

How much money will Canada spend this year?

To win Victory, our spending now is at peak levels. Cash outlays are ex- pccted to average $190 every second, or over $11,400 every minute-a total of at least $6,000,000,000 for the whole year ending March 51, i945. This is 12 times the size of pre-war Budgets, which averaged around $500,000,000. Cash outlays consist of around $5,200,- 000,000 for war purposes, and about $800,000,000 for other purposes.

Why are we giving away war supplier to our Allies?

Canada produces a huge volume of war supplies, raw materials, and foods. Part of these we need in Canada. Part we need for our Armed Forces overseas. And, part is needed by our Allies. We are engaged in a common enter- prise with our Allies. Victor will be delayed, and lives lost nee lessly, if any of our partners lacks war supplies. It is in our own interests to maintain and increase the vital flow of arms to the fighting fronts — particularly at this stage of the war. Britain and others of our Allies have some receipts in Canadian dollars obtained in payment for goods sold to us, and from other sources. receipts enable them to pay for large guantities of the things they need from anada. But, theyprgently need more supplies than they can pay for in this wa . With a recognition of what is at lta c, we can not allow an financial problems to interfere with t e sensible sharing of our war production with our Allies. They are paying for all the

These ‘

Answers About

supplies they an. But things need, and can't ay for, are bein trans- ferred to them gee of charge un our scheme of Mutual Aid. _ In short, when we make war supplies available to our Allies, we hasten Victory and save lives. Further, the production of these glands gives jobs and incomes to Cana ‘an workers.-

How do we expect to pay for war and other expense: this year?

The Budget provides for the raising of about $2,600,000,000 from taxes- lonlcthing less than $200,000,000 from trust accounts and other receipts- and. at least $3,200,000,000 from bor- rowing. ~

Each $1 of outlay will be raised about 46 ccnis from taxation and other rc- ceipts, and 54 cents from the sale of Victory Bonds, War Savings Certificates, and other sccuiitiel.

Are this year’: borrowing: greater than last years)

Yes. Our borrowing needs last year were about $2,900,000,000. This year, they will be at least $3,200,000,000. The Budget for this yeiu- mm that this increase in borrowing needs re- quires larger purchases of Victory Bonds by more individuals than ever before because business firms and cor; orations cannot buy any more Bon than they bought last year.

With production still increasing. the total of personal incomes is growing ever larger. And, despite high wartime taxation, the excess of money to spend over the costs of necessary wartime liv- ing standards is now greater than ever before.

Increased personal savings to meet the increase iii borrowing needs is both necessary and possible.

Why doe: our country borrow our savings?

There are two reasons. First, our country needs our money to pay the costs of the war. And, sccon , every dollar we save to lend our country cut! down ourspcnding. Every cut in our demand for things means that more mcn and materials are released to war use. And, by holding down our dc- mnnd for things closer to the level of available supplies, pressure on the price ceiling is reduced and the cost of living is held down.

Why not collect all the money needed for war through taxation?

We cannot rely on taxation to pay all the costs of the war.

If the personal circumstances of every- body in Canada were identical, it might be possible to pay all our war costs by taxation. We might then de- vise a system‘ of taxation which would involve equal sacrifices by all. Each of us would bear his fair share of the real costs of the war- once and for all —whcn we paid our taxes.

However, the personal circumstances of people in different income levels — and more important, the circumstances of different people in the same income level — vary‘ widely. There is no system of taxation which could give special consideration to all these variations. Accordingly, any attempt to cover all our war costs by taxation would mean unbearable hardships for thousands and thousands of people.

What is meant by Inflation?

Inflation means runaway prices-a persistently rising cost of living. Let's see how it could start and grow if we did not keep things under control.

In wartime, more people are working, farm incomes are high. Money to a nd grows larger and larger. But, a argo part of production is needed for wit. Consumers cannot get all they want. When things are scarce, people will ay more and more for what is availa le. Prices and the cost of living begin to go up and, before long, workers de- mand higher pay.

Each increase in pay would atep u costs of production. To keep in busi- ncss, producers and dealers would ask higher prices. Each increase in prices would lend to new demands- for higher pay as workers tried to keep up with t-he cost of living. Rising costs and prices would keep pushing each other up and up.

For molt ie, wagon and salaries would never catch up with living coats, Money would buy loos and leu. Moat of us would antler, some more than. others. Hardship, despair and con- fusion would sweep over factory. flrll and home. Production of m: and other goodl would slow down. -

Inflation would can noondmu goblernl both for fie prount and tho

iure. Since the start of die war, w: have recognized the dangers of inflation and have taken definite steps to cori- trol prices and the cost-of-living. Th willingness of the public to IIVC to buy Victory Bonds has been a vital factq in the success of this pagan.

Qsllowmwcfighliraglrafillori?

A: We are fighting inflation in many ways.

A ceiling has been act on prices. Costa of production, including wages and salaries, we oonrollcd to event higher com ion ing up e ceil- ing. Supplies an vsded fairly among producers and merchants. Certain necessities of life are being rationed to ensure a fair share to everyone.

Our a ower is bein reduced by higlhef mm and bay Victory Loans. The has money w have to spend, the: the closer our demand to t e volume of things to buy. This . keeps down both the pressure on the price ceiling and the need for ration- ing. Our government has mad: careful plans to keep the cost of living under control. But, our cooperation is essential to make these plans work.

We mun economize and buy windy: we must make old thing: do: we mun resist the lure of luxuries; we mus: not ask for higher pay or for higher prices for the things we have for sale: and, we must save the largest sible amount of our incomes to buyvctory Bonds.

z: Why are we asked to save our money!

A: Our voluntary wartime savings

fonn a number of vital jobs both l: ing and after the war.

First, every dollar we spend in wartimo means that someone is working for us, and that materials are being used up for our wants. When we rave that dollar, that someone and thou mater- ials can work for quick and completo Victory instead of our private comfort.

ory , Bollils

Rooclif of your Ioiairro.)

Next, every dollar we spend means we I

compete with our fellow Canadians for the limited au plies of goods. Ivory dollar we save Kelp: to spread avlilabla supplies fairly, and helps to make lure that the goods go to those who need them most.

Third, every dollar we spend inaeases the total demand for goods and puts upward pressure on prices. Every dollar we save reduces the demand for goods and helps to keep down the cost of living.

Individually, everyone needs n reserve of savings to meet emergencies. Per- sonal security and happiness are not possible otherwise. Every dollar we save increases our ability to meet em- ergencies u well as helping our country in the ways we have just stated.

Wartime savings also have important post-war features. For one reason or another, everyone will be glad to have a reserve of savings when the war is over.

Completely apart from the value of savings as a reserve against emergencies, there will be many things we will want to buy in the post-war days when our resources can again be concentrated on the production of civilian goods. Not only will we have a lot of st- poned wants and needs which will ave piled up during the war years, but we will want to buy the new houses, the new an, the new radios, and all the other things which will have improved In range and uality due to technical‘ advances. Again, we may want to have enough money to start up our own business or to leam a new trade-to educate our children or to travel. The spending of our wartime savings in these post-war days will have im- tam. results. The demand for goods nanoed by these savings will stimulate production and thus ‘ve peacetime employment to Cana ans. A high level of employment is good for every- body becauie it means a stron demand for goods and services of all kinds, and a consequent high level of personal inoomu. _

Notional War Hnonco Committee

ml

BORDI-IN cmzurr umou -_-=- .~ --_-¢_,__,_‘._... -———- Q9118. Rev. W. V. MacDonald as ' _.---= _ On Monday, October 16th the, chairman introduced the speak. annual dmeciéiigdlpnlcll lbtimiugt _of ars of the evening. The address ghledlilqlr trt-"v hnnfln - M! of welcome was given by e kc Orrin? 1M“ Iworshlp W. P. MacNeiil. had particle‘? g m!» {Pa-l- Eflrl re-iwhich very‘ fine addresses $901111"; mill ‘P é‘ 1953b“? elven by. v. Mr. H r 01116515 tiisgt ltlofiHizn Mail" t itlln- deque. Dr. J. T. Oroteau, of m4 e °fl~ 5 “Y is P. z. 1. Credit Union League and

—- -- ~ —_=-_~_.-__--=~»-- . .

MP-T-J-‘G-l Dell" l. lllzfiiaalflffitha vim o! thanks“:

»_ =-»_- ~-. . - - -- ---_- 1-. __ Cred“ Unions. The busing“ mew“ w" mm year share: amounted to showing that Mgoipaa “hprgigobaen ‘Igor lutura with special rcreak. er.

This . . V _ u A vote or thanks was moved by held with Pres. Reginald Rodgers lfilknéolAboslllgiohlallfilloll lmllilhiiiil gilggmmllgunlhlilacmnald ropbrtad lion bonds arc also to ulgbiillliwofiiliba?" w. Pi-zisident Reginald Rodgers and in the chair. Meeting cipmedi with i350 invested in VlOlAJry Bonds. for the supervisory committ that oliaud during the next Loan Oollllllll-OO‘ William o” seconded by Secretary Edaar reading and approval of minutes limbs in bank and on. hand. the books had been oudite resu. drive (re elected) ' l were! Richard to the ladies who had of laa annual meeting. The re- with loans out the total assets are larly and found correct. Th; following officers Alfter a vbta o! thanks hid n’. Be. prepared the splendid ban tilt. port of directors was liven by $4068.89. In connection with the new then elbcted‘ n MYS- Julia" Berri"! 0h bihll 0‘ Mr- lodgers and th financial of Credit Committee membership drive it. was decidad Directors: ‘Mrs. inald Rod: Frank Dorsev gym hm.

. tendered the eat #1" W the Women's Institute accepted report by Treasurer E. Richard. m 11°14 Qpubflg mum“ in nmlm, Non,“ Au“, '